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COVID-19: Accelerating digital trends in Canada
There is no doubt the COVID-19 pandemic has had a profound impact on consumer spending, government services and business transactions. For example, the demand for new digital payment options is reflected in a 333 per cent year-over-year increase in Interac Debit payments made within a merchant app or website1 from March 2020 to March 2021,…
Read MoreInterac in conversation: Helping stressed-out Canadians with fraud prevention
Canadians have been under extra pressure during the COVID-19 pandemic. Does stress make them more susceptible to scam attempts? At Interac we posed this question as it related to our work in preventing fraud. We know we have a responsibility to understand the concerns facing Canadians as they move their money through our network — as…
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